4IT.NO AS: årsregnskap 2014 vs 2013
Grew 8% on revenue
approved 2015-08-27; registry 2015-09-19; journal 2015 852954
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 4IT.NO AS. Revenue 750.4k NOK → 809.6k NOK (+7.9%). Equity 100.0k NOK → -22.0k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 4IT.NO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 750.4k NOK to 809.6k NOK (+7.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 100.0k NOK → -22.0k NOK (equity ratio 87.9% → -25.6%). Calculated
-
↓
Cash fell
Bank deposits 60.4k NOK → 43.0k NOK (-28.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 8.23× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -25.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 200.9k NOK → 462.7k NOK (+130.4% YoY). Calculated